English
Arabic
Bulgarian
Chinese (Simplified)
Dutch
French
German
Italian
Portuguese
Russian
Spanish
The secret to creating wealth in the uncertain world of cryptocurrencies lies in an investor’s skills in selecting the most promising projects. The best projects are selected during their initial stages of development before they hit the market and gain massive popularity from crypto lovers and DeFi enthusiasts. BNB and Ethereum are among the projects that have significantly rewarded early investors who participated in the projects before everyone knew about them. Bitcoin Spark is the next big thing, with massive utility compared to BNB and Ethereum.
What is Ethereum?
Ethereum is the largest smart contracting platform in the DeFi arena. The project was crowdfunded under the leadership of computer scientist Vitalik Buterin. The project’s value increased exponentially, making Ethereum the most popular cryptocurrency behind Bitcoin. The project currently supports smart contracts and supports minting of non-fungible digital assets called NFTs.
Adding BNB To Metamask
BNB acts as the native digital asset of the Binance ecosystem. The cryptocurrency is famous for its massive utility as a gas fee on the network. Investors looking to hold BNB can transfer their assets to Metamask through the Binance SmartChain ecosystem using the BSC network information.
Bitcoin Spark is the Best Bet
Bitcoin Spark is a new decentralized project showcasing immense potential compared to existing projects such as Ethereum and BNB. The project is being launched as a Bitcoin alternative, and founders are working on making it the best option against other rival projects. Bitcoin Spark offers solutions to challenges that undermine the Bitcoin network, including mining juggernauts, limited scalability, expensive transaction costs, and a slow network.
Bitcoin Spark devs are working on decreasing the duration per block while concurrently increasing the number of transactions in an individual block to improve the speed of the Bitcoin Spark network. The network will also have increased nodes that run on reduced costs to reduce the overall transaction costs for the network’s users while at the same time increasing the transaction speed of the network. The network will outperform Bitcoin’s seven transactions per second and Ethereum’s 29.33 TPS making it among the fastest networks. Bitcoin Spark’s native token is BTCS.
Besides being faster and cheaper, the Bitcoin Spark network functionalities will reward network participants and operators with income in BTCS. The project devs intend to make Bitcoin Spark unique by incorporating an income generation system that comprises two revenue streams. The first income source will be renting out system processing power to external companies and individuals carrying out complex virtual operations.
From this income source, the team will get 3% of the revenue collected, and the rest will be allocated to network participants and community members through the existing mining pools for miners to mine. This will increase the supply of BTCS tokens for mining pool rewards to ensure the mining process is constantly running.
Secondly, the platform will integrate a decentralized marketing system allowing advertisers and entities to use unobstructed spaces on the platform’s application and website for marketing their products and services. Advertisers and processing power clients will pay for the ad services and power supplies in BTCS tokens. The income will be distributed to users as well as the team behind the project’s development.
Revenue collected from advertisers will be shared between miners and the dev team. Half of the income will be allocated to the group, and the remaining amount will be distributed to community participants and miners.
Learn more about Bitcoin Spark on:
Website: https://bitcoinspark.org/
Buy BTCS: https://network.bitcoinspark.org/register
Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of NewsBTC. NewsBTC does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.
